2014

TranzAct Partners with LeanLogistics to Provide TMS to Small and Mid-Market Companies First Step in an Extensive List of Synergistic Technology Exchanges

ELMHURST, Ill., July 10, 2013 /PRNewswire/ --TranzAct Technologies, the leading provider of Transportation Spend Management Solutions and Software, announces it has partnered with LeanLogistics to provide complete Transportation Management System functionality to its small and mid-market company customers.

(Logo: http://photos.prnewswire.com/prnh/20130710/CG45385LOGO)

Since 1984, TranzAct Technologies has delivered state-of-the-art spend management solutions that enable small and medium-sized (SMB) shippers to plan and control transportation expenditures. SMB shippers often lack the buying power, tools, expertise, and technology to negotiate the best rates and carefully-manage transportation spend for their companies. Hundreds of small and medium shippers employ TranzAct's Freight Payment and Freedom Logistics solutions to realize the best results and optimize their  overall transportation spend.

More recently, many of these shippers have asked TranzAct to manage their day-to-day transportation operations for them. As this Managed Services business grew, TranzAct sought to expand its technology to encompass a broader scope of operational functions. TranzAct chose LeanLogistics to provide Transportation Management functions beyond the scope of its own software capabilities.

"We chose LeanLogistics for many reasons. They will provide the technology components we need today, and we believe their system is the most functionally complete and the easiest for our staff to implement and use," said Jean Regan, President and CEO, TranzAct Technologies, Inc. "In addition, our two companies have identified five areas of technology and process exchange where we can enhance each other's services and benefit our collective customers."

"We are excited to gain TranzAct as a customer. We believe our technology can enable processes that will bring significant benefits to TranzAct's SMB marketplace," said Dan Dershem, President of LeanLogistics. "In addition, we look forward to sharing more of our technology with TranzAct, and employing some of their advanced spend and risk management components within our own system and customer base."

TranzAct will begin using components of the LeanLogistics On-Demand TMS® immediately and the respective staffs will interface the systems appropriately. Although some minor functional overlap exists, both companies have identified the most effective component to employ for each business process.

About TranzAct

TranzAct Technologies, Inc. is the leading provider of Transportation Spend Management Solutions and Software. TranzAct delivers state-of-the-art logistics management solutions that enable shippers to plan and control transportation expenditures. TranzAct also helps shippers improve practices by providing the tools necessary to remain in control. Our solutions provide shippers of all modes with freight audit and payment, reporting, TMS applications, carrier sourcing, pricing, logistics diagnostics, and business process improvements. For more information, visit tranzact.com or call 630.833.0890.

About LeanLogistics

LeanLogistics is a global solutions provider of transportation management system (TMS) applications and supply chain services enabled by the industry's largest transportation network. The LeanLogistics Transportation Network empowers shippers, carriers and other participating members to reduce costs, improve services and gain complete visibility.

Used by many Fortune 1000 companies, LeanLogistics LeanTMS® delivers complete transportation planning, execution, settlement and procurement, as well as supply chain visibility and business intelligence, to improve business processes, increase efficiency and reduce costs. LeanTMS processes millions of shipments representing more than $7 billion in annual freight spend across the largest multi-modal transportation network in the US -- more than 70,000 shippers, suppliers and trading partners interacting with thousands of carriers.

For outsourced transportation solutions, LeanLogistics offers Managed Transportation Services, Managed Procurement Services, and Supply Chain Optimization Services that leverage the data intelligence of the transportation network with best practices and transportation expertise to ensure clients receive maximum value.

Known for exceptional customer service as well as technology leadership, LeanLogistics is headquartered in Holland, Michigan, and is part of Brambles Limited. For additional information, visit http://www.LeanLogistics.com or call 877.828.5861.

For more information contact:
Brent Michel
TranzAct Technologies, Inc.
E: MichelBrent@tranzact.com
O: 630.530.6712

SOURCE TranzAct Technologies, Inc.



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